AI boom helps fuel earnings surge at Infineon Technologies.


Germany’s Infineon Technologies posted a surge in fourth-quarter earnings and forecast further growth on Tuesday, as the chipmaker cashed in on the rapid build out of data centres.

Infineon Technologies

Source: Sharecast

The Frankfurt-listed business saw revenues jump 19% in the three months to September end, while the segment result - its core measure of adjusted operating profits - rocketed 56%. The robust end to the year meant annual revenues came in at €16.4bn, a 12% improvement on the previous year, while operating profit soared to €2.2bn from €1.5bn.

Infineon growth has been driven by demand from data centres, power infrastructure and software-defined vehicles.

Looking to current trading, and chief executive Jochen Hanebeck said the business had entered the new fiscal year with "strong momentum".

He continued: "Supported by an ongoing cyclical recovery and strong demand in our structural growth areas, we expect a significant increase in revenue and profitability in fiscal year 2027.

"Our semiconductor solutions for data centre power supplies, the expansion and modernisation of energy infrastructure, electromobility and software-defined vehicles will be key contributors."

The company is currently forecasting revenues to come in around €20bn in the current year, with revenues from power supplies for data centres projected to reach close to €4bn. The segment result margin was forecast to be in mid twenties percentage range. It also flagged €3bn to €3.5bn of planned investments.

As at 1400 GMT, shares in Infineon - which was spun out of German engineering giant Siemens in 1999 - had sparked 3%


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